Your No-Frills Investment Strategy

Book Description

This Element is an excerpt from Technical
Analysis: Power Tools for Active Investors (9780131479029) by
Gerald Appel. Available in print and digital formats.

Why preserving capital needs to be your #1
priority – and how to do it.

Successful investing involves two basic
areas of decision: what to buy and sell, and when.
It’s not how much you make that counts; it’s how much
you manage not to lose. To make up for stock losses, you must
achieve greater percentage gains than those losses. It
doesn’t matter whether the losses or the gains come first.
For example…